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CIP and Magellan target US floating portfolio

6 June 2018
by Craig Richard

UNITED STATES: Copenhagen Infrastructure Partners (CIP) has formed a joint venture (JV) with a team of offshore wind specialists to put together an early-stage development portfolio of floating offshore wind farms.

The Danish fund management company will work with developer Magellan Wind, which was founded by Jim Lanard and Jeff Kehne, who have both worked for the Offshore Wind Development Coalition and Bluewater Wind.

Projects could be small- or large-scale and situated off the California coast and other areas off the US with deep waters, the partners said, though a total capacity or timeline has not yet been specified.

The partners added that they see the TetraSpar floating foundation, designed by Siemens’ former chief technology officer Henrik Stiesdal, as the "best-in-class technology".

Stiesdal's design consists of a tension-leg platform that floats a partially submerged foundation while the mooring lines are attached to anchors on the seabed.

Founded by Kehne and Lanard in 2014, Magellan Wind will contribute "knowledge of US leasing, permitting, offtake, transmission and interconnection", it stated.

Kehne has also worked for Bluewater Wind and the American Wind Energy Association, while Lanard was previously managing director at developer Deepwater Wind and head of strategy for Bluewater Wind.

Stiesdal and Dan Reicher, executive director of Stanford university’s Steyer-Taylow Center for Energy Policy and Finance, both serve as senior advisors to Magellan.